Business For Sale

Automotive & Boats: Auto Retail - Auto Parts


Successful Used Auto Dealership

Hollywood, Broward County, FL

Asking Price: Annual Revenue:
$200,000 $732,034

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RE: Successful Used Auto Dealership Broker: Carlos Imery VR/Avila Capital Management LLC
Owner Financing is Available!
$100,000 @ 10% 24 Monthly Payments $4,614.

Quick Facts

Asking Price: $200,000
Annual Revenue: $732,034
Net Profit: Not Disclosed
Cash Flow: $103,392
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 3
Listing Number: 640932492

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Business Overview:

Well established Used Automobile Dealership with a great reputation in the area. Great location, frontage to very busy main road. Healthy inventory turns. Growing commercial area of the county - sales have increased during the recession.
The business has financing license that brings in substantial additional income -- if customer doesn't pay repossessed vehicles are resold quickly. They are in place to
accommodate both primary and secondary buyers. Our goal is simple: Provide a quality product at a fair price in a pleasant atmosphere.
Owner wants to move out of the area and pay off mortgage on home. $200,000 of inventory not included in price but owner is flexible to terms. Business has in-house mechanics with all necessary facilities and body shop.

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Property Features and Assets:

Great location, frontage to very busy main road. 40,000 SF Freestanding building. $7,200/month rent. Lease expires 12/14.

Market Competition and Expansion:

Growing commercial area of the county - sales have increased during the recession. High exposure facility in a high traffic area making it an exceptional buy for drive by traffic. Location with the ability to accommodate 60- 70 plus vehicles. Owner does absolutely no marketing at all - owner reinvests proceeds in inventory and growth is limited by how much he can buy: everything sells!

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources:

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